E-commerce

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Forter raises $125 million in Series E funding

Forter, the leader in e-commerce fraud prevention, today announced it has raised $125 million in Series E funding.

/payments

InComm Payments launches site to offer Mastercard gift cards for mobile wallets

InComm Payments, a leading global payments technology company, today announced it has partnered with Mastercard to launch MastercardGiftCard.com, a new website that will allow consumers to send Mastercard gift cards by email (eGift) and mail (physical) to family and friends, providing a convenient, safe and secure option for the upcoming holiday season.

BNPL outfit Affirm files for IPO

/payments

BNPL outfit Affirm files for IPO

Affirm, Max Levchin's buy now, pay later credit card alternative, has filed an initial public offering (IPO) prospectus to list on the Nasdaq.

Ticketmaster fined £1.25m over data breach that led to fraud on thousands of cards

/security

Ticketmaster fined £1.25m over data breach that led to fraud on thousands of cards

Ticketmaster has been fined £1.25 million over a 2018 data breach which saw the payment details of millions of people compromised, with tens of thousands of cards subjected to known fraud.

AppBrilliance snags $3m to take on payment processing industry

/payments

AppBrilliance snags $3m to take on payment processing industry

Open payment startup AppBrilliance has raised over $3 million in a seed funding round joined by Studio VC.

/identity

Fintech startup Payer launches beta test programme for B2B ecommerce onboarding

Payer Financial Services (Payer) has developed a new registration product that revolutionizes how customer relationships are made between companies online.

/E-commerce

Kooomo connects with Stripe

Global eCommerce platform, Kooomo has today announced further updates to its platform - enabling bank transfers with Stripe and adding two marketplace connectors - continuing its commitment to provide its customers with the very best eCommerce offering.

/payments

Dosh and Button expand partnership

Dosh, the fastest-growing cash back platform that connects thousands of brands and retailers to millions of consumers, today announced the expansion of its integration of Button, the leading mobile commerce technology company, on its platform.

DoJ sues to block Visa's Plaid acquisition

/payments

DoJ sues to block Visa's Plaid acquisition

The US Justice Department has sued to block Visa's $5.3 billion acquisition of bank data sharing startup Plaid, citing competition concerns. Visa says the effort is "legally flawed and contradicted by the facts".

/payments

Laybuy expands merchant base with EKM deal

Laybuy (ASX:LBY), the leading New Zealand-based Buy Now, Pay Later (BNPL) provider, has today signed an agreement with ecommerce provider EKM, which will enable c.8000 online merchants to offer Laybuy’s six-week repayment method to customers at checkout, without the need for additional integration or software development.

/payments

Apexx agrees payment processing deal with Asos

APEXX Global (”APEXX”), the leading global payments platform, is pleased to announce it has agreed a partnership with ASOS, one of the world’s leading online fashion retailers.

WEF executive: Traditional finance business model no longer working

/devops

WEF executive: Traditional finance business model no longer working

Simon Torrance, senior adviser at corporate innovation firm, Rainmaking, claims that the traditional financial services business model is no longer working.

/security

Forter and FreedomPay create joint fraud-blocking network for merchants and banks

Forter, the leader in e-commerce fraud prevention, today announced a partnership with FreedomPay, a global leader in Next Level Commerce, establishing the first joint network for online merchants and banks to instantaneously block fraud and enable legitimate consumers to operate freely.

/payments

Jassby to introduce virtual debit card for kids

Jassby, Inc., the fintech company that created one of the industry's top family finance apps, today announced an exclusive agreement with Mastercard to power its new Virtual Debit Card for kids.

/payments

Brex introduces instant payouts

Today Brex introduced new features tailored to solving the cash flow pain points of growing ecommerce businesses.

/payments

Discover goes live with Click to Pay

Discover cardmembers and merchants can now experience a more seamless and consistent checkout experience when shopping online or through a mobile app with the launch of Click to Pay.

/payments

Klarna launches 'Pay in 3' in Italy

Klarna, the leading global payments provider and shopping service, which today serves over 200k merchants and 90m consumers worldwide, officially launches in Italy today with the introduction of “Pay in 3”.

/E-commerce

Veon acquires stake in Bangladesh’s B2B commerce platform, ShopUp

VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), through VEON Ventures, has joined Sequoia Capital India and Flourish Ventures as investors in ShopUp, Bangladesh’s leading full-stack B2B commerce platform for small businesses, becoming ShopUp’s first strategic corporate investor.

/payments

Ebanx makes Central American push

Ebanx, fintech company specialized in payment solutions for Latin America, announced the Push LatAm, an initiative that comprises expansion of its operations to new markets in Central and South Americas; the offering of hybrid services within Latin American countries; and the launch of EBANX GO, a prepaid card that offers a digital payments account in a partnership with Visa, to other markets in the region besides Brazil; all within the next 12 months.

PayPal Ventures invests in extended warranty outfit Extend

/startups

PayPal Ventures invests in extended warranty outfit Extend

Extend, an American startup that helps merchants offer extended warranties and protection plans, has raised $40 million in a Series B funding round led by Meritech Capital and joined by PayPal Ventures

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